Trump Can’t Beat Obama on the Economy

C

Cinnabar

Verified User
It’s time for a reality check on Trump’s claims about jobs, wages and economic growth.

Time for a reality check on Mr. Trump’s economic accomplishments, using two key measuring sticks: how well the economy is doing, compared with its performance under President Barack Obama’s leadership, and whether it has performed up to Mr. Trump’s promises.

The short answer is, the economy’s performance is not much different than it was under Mr. Obama and far short of what Mr. Trump pledged.

Take, for example, the all-important matter of jobs. Yes, many unemployed Americans are back on the payrolls. Yes, the unemployment rate continues to fall, as it did under Mr. Obama. But no, the pace of hiring has not been faster than it was during a similar period under Mr. Obama and indeed, has been even a bit slower.

In the first 30 months of the Trump presidency, jobs were added at an average rate of 191,000 a month. That’s certainly respectable, although it’s still less than the increase of 220,000 jobs a month during the final two and a half years of the Obama presidency.

After Inflation, Workers Did Better Under Obama
Private worker average hourly earnings, year-over-year percent change: Obama’s last 30 months versus Trump’s first 30 months.
Obama average: +1.5%
Trump average: +0.7%

Then there’s the overall economy. The sluggishness of growth since the 2008 recession has puzzled and dismayed policymakers. During his presidential campaign, Mr. Trump routinely promised to push this rate up; in seeking passage of his tax cut legislation, he said growth would accelerate to “4, 5 and maybe even 6 percent.”

That is not remotely what transpired. The tax cut produced a short “sugar high,” a momentary boost. Gross domestic product, after adjusting for inflation, rose at a 3.5 percent rate in the second quarter of 2018. But for 2018 as a whole, the 2.5 percent increase did not come close to the Trump administration’s projection of 3 percent.

https://thenewstalkers.com/community/discussion/47366/trump-cant-beat-obama-on-the-economy
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Read more of this inconvenient truth at the link.

And let us not forget what was handed to Obama from a Republican predecessor as compared to what Obama handed Trump.
 
The economy is booming.

President Trump will win on this booming economy.

There’s a year and three and one half months left in his first term and four more on his second term.

The Trump years will be remembered for his superb steering of the economic ship.
 
Earl said:
The economy is booming.

President Trump will win on this booming economy.

There’s a year and three and one half months left in his first term and four more on his second term.

The Trump years will be remembered for his superb steering of the economic ship.
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What a crock of smelly steaming poo and how bizarre that you are never embarrassed to post such a pile of it. Are you too busy groaning to read the fact checkable stats? Are you signing up for the new Trump University when it launches?
 
Check the scoreboard:

Obama's best annual GDP growth: 2.88% (2015)
Trump's best annual GDP growth: 2.5% (2018)

Obama's best quarterly GDP growth: 5.1% (Q2 2014)
Trump's best quarterly GDP growth: 4.2% (Q2 2018)
 
Cinnabar said:
Read more of this inconvenient truth at the link.

And let us not forget what was handed to Obama from a Republican predecessor as compared to what Obama handed Trump.
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Your link is to an article in another political forum? Interesting. I'm sure folks on other boards link to JPP all the time as well.
 
Cinnabar said:
Read more of this inconvenient truth at the link.

And let us not forget what was handed to Obama from a Republican predecessor as compared to what Obama handed Trump.
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What a bunch of stupid lies. What is wrong with you idiots on the left?? Obama's average GDP for eight fucking years was 1.4%. Trumps is running around 2.5% That's DOUBLE Obama's.

Lowest unemployment in 50 years. For blacks the lowest EVER.

Why is it the dishonest morons on the left always want to use data from Obama's last 30 months in office? STFU!

Here's Obama's legacy in graphic form; only low information, IQ morons want to go back to Obamunism. :rolleyes:

Obama’s legacy in graphical form:

mapsedit.001.jpeg


mapsedit.002.jpeg


updateobama.001.jpeg


BlogObama.002.jpeg


20170127_GDP_Obama2_0.jpg


total%20debt%20under%20obama%202016_0.jpg


586fae7ff10a9a24008b706f-1136-757.png


586f9cebf10a9a283f8b462d-1136-757.png


image


153061476.jpg
 
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LV426 said:
Check the scoreboard:

Obama's best annual GDP growth: 2.88% (2015)
Trump's best annual GDP growth: 2.5% (2018)

Obama's best quarterly GDP growth: 5.1% (Q2 2014)
Trump's best quarterly GDP growth: 4.2% (Q2 2018)
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^^Dishonest dunce doesn't want all EIGHT years counted. What a moron. :rolleyes:

Obama’s legacy in graphical form:

mapsedit.001.jpeg


mapsedit.002.jpeg


updateobama.001.jpeg


BlogObama.002.jpeg


20170127_GDP_Obama2_0.jpg


total%20debt%20under%20obama%202016_0.jpg


586fae7ff10a9a24008b706f-1136-757.png


586f9cebf10a9a283f8b462d-1136-757.png


image


153061476.jpg
 
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LV426 said:
Obama wasn't running in 2016, and Trump was too chicken to challenge him in 2012.
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I wonder if you are intelligent enough to realize we are talking about their economic performance, not the election......actually that isn't true.......there is no reason for me to wonder......I know you aren't intelligent enough......
 
Truth Detector said:
What a bunch of stupid lies. What is wrong with you idiots on the left?? Obama's average GDP for eight fucking years was 1.4%. Trumps is running around 2.5% That's DOUBLE Obama's.

Lowest unemployment in 50 years. For blacks the lowest EVER.

Why is it the dishonest morons on the left always want to use data from Obama's last 30 months in office? STFU!

Here's Obama's legacy in graphic form; only low information, IQ morons want to go back to Obamunism. :rolleyes:
Click to expand...

And now to update the always amusing "truthie" on the facts, and none of them had to rely on political data to "explain" economic reality

https://www.forbes.com/sites/chuckjones/2019/08/06/trumps-economy-is-decelerating/#425e00ae64a8
https://www.washingtonpost.com/business/2019/08/20/trump-v-obama-economy-charts/
https://www.bloomberg.com/opinion/a...t-the-trump-economy-same-as-the-obama-economy
https://www.thebalance.com/trump-vs-obama-economic-policies-4142333
https://thehill.com/policy/finance/458634-new-data-challenges-trumps-economic-narrative
 
archives said:
And now to update the always amusing "truthie" on the facts, and none of them had to rely on political data to "explain" economic reality
Click to expand...

And now to update the always amusing "arsecheese" on the facts; I will use pictures because arsecheese lacks the IQ to comprehend anything he reads. Only willful idiots with an IQ below room temperature want to return top the malaise and massive deficits of the Obama years. :rolleyes:

mapsedit.001.jpeg


mapsedit.002.jpeg


updateobama.001.jpeg


BlogObama.002.jpeg


20170127_GDP_Obama2_0.jpg


total%20debt%20under%20obama%202016_0.jpg


586fae7ff10a9a24008b706f-1136-757.png


586f9cebf10a9a283f8b462d-1136-757.png


image


153061476.jpg
 
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